x404.co.uk
http://www.x404.co.uk/forum/

Goldman Sachs now under formal investigation by City watchdo
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=7851		 Page 1 of 1
Author:  Amnesia10 [ Tue Apr 20, 2010 1:06 pm ]
Post subject:  Goldman Sachs now under formal investigation by City watchdo
http://www.guardian.co.uk/business/2010 ... -regulator

Unless a number of GS people are found guilty this will basically be a sham. The Tories wanted even less regulation than Labour cut it down to. I cant see them being tough on financial crimes because many of them will be hoping for a career in banking once their political careers are over.
Author:  MrStevenRogers [ Tue Apr 20, 2010 2:06 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
nothing will happen, they own too many people …
Author:  Amnesia10 [ Tue Apr 20, 2010 2:36 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
Yes but if nothing comes of this, then it will damage the reputation of London. It will become a place where crooks can prosper, and so honest people will avoid banking here.
Author:  MrStevenRogers [ Tue Apr 20, 2010 3:55 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
haven't crooked bankers, here and elsewhere, already prospered at our expense …
Author:  Amnesia10 [ Tue Apr 20, 2010 4:29 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
MrStevenRogers wrote:
haven't crooked bankers, here and elsewhere, already prospered at our expense …

Yes they have and we need to reform the laws over bonuses when you make losses to start with and not restrict it to banks. I think that if we do as the Liberals suggest and break the banks up they will be much smaller and so their pay will not be such a problem.

We need laws that allow them to take risks but not at our expense so splitting merchant banks from the commercial banks would help a lot.
Author:  bobbdobbs [ Tue Apr 20, 2010 5:25 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
Amnesia10 wrote:
Yes but if nothing comes of this, then it will damage the reputation of London. It will become a place where crooks can prosper, and so honest people will avoid banking here.
:shock: :o :lol: :lol: :lol: :lol: :lol: :lol:
sorry have you stopped taking your medication? Your worrying that crooks may prosper in the city, as if they aren't all ready.
Author:  Amnesia10 [ Tue Apr 20, 2010 5:52 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
bobbdobbs wrote:
Amnesia10 wrote:
Yes but if nothing comes of this, then it will damage the reputation of London. It will become a place where crooks can prosper, and so honest people will avoid banking here.
:shock: :o :lol: :lol: :lol: :lol: :lol: :lol:
sorry have you stopped taking your medication? Your worrying that crooks may prosper in the city, as if they aren't all ready.

Yes prescription ran out a while ago.

It used to be honourable in London even on big deals. The big bonuses screwed up peoples incentives and motivations. Yes it is a crooks paradise at the moment. :oops:
Author:  Amnesia10 [ Tue Apr 20, 2010 6:36 pm ]
Post subject:  Re: Goldman Sachs now under formal investigation by City watchdo
http://www.guardian.co.uk/business/2010 ... re-licence

Well Goldman Sachs have asked if they can deregister the man at the centre of the investigation. :shock:
Page 1 of 1 All times are UTC
Powered by phpBB® Forum Software © phpBB Group
https://www.phpbb.com/